“Misunderstood” Nickel Could Rally in 2013
Nickel – The wave of supply expected to flood the nickel market may never come, states a new report, and that could lift nickel prices this year.
Articles Tagged "nickel supply"
Nickel Continues To Underperform On Production and Supply Concerns
Nickel – Reuters reported nickel prices continue to stay low on worries the stainless steel industry needs less of the industrial metal and on oversupply.
Nickel Stockpiles Reach 16-Month High
Nickel – Bloomberg reported nickel stockpiles monitored by the London Metal Exchange reached a 16-month high on deliveries.
Outkumpu Says Outlook Is Bleak
Nickel – Platts reported Outokumpu (HEL:OUT1V) profits fell for the second second quarter to $149.5 million because of weaker prices, lower output and higher input costs.
Base Metals: Analyst Lowers Forecast
Nickel – CNBC reported on base metals trading on Thursday as nickel surplus reached its highest point in five months.
Base Metals: Nickel Dips On Oversupply
Nickel – Reuters reported on base metals trading on Thursday as nickel prices dipped on news showing a five month oversupply of the metal.
Indonesia Nickel-Ore Ban Sends Sumitomo Looking for Supply
Nickel – Bloomberg reported restrictions on nickel-ore exports by Indonesia may force Japan to source raw material from other suppliers or reduce output.
A Surplus of Nickel Is Likely
Nickel – Platts reported BNP Paribas said a sustained nickel surplus is still predicted, but no longer guaranteed.
Expected Supply Glut Drops Nickel Prices
Nickel – Reuters reported on base metals trading on Wednesday noting nickel is dropping on expected oversupply of the metal.
U.S. Nickel Premiums Move Lower
Nickel – Reuters reported U.S. nickel premiums moved lower last week on an oversupply and competitive sales.
